Singapore’s core inflation moderated further in August from a year ago.
This reflected improvements to supply chains and lower import costs that give its central bank more breathing room to extend its pause on monetary tightening.
Official data showed that core inflation, tracked by the Monetary Authority of Singapore to determine policy settings, came in at 3.4% last month.
The measure, which excludes housing and private transportation costs, was lower than the median forecast of 3.5% in a Bloomberg survey of analysts.
What does this signal for Singapore's economy moving forward?
And how might regional equities be impacted by Asian inflation more broadly?
On Money in the Market, Hongbin Jeong speaks to Abhishek Vishnoi, Senior Asia Equities Reporter, Bloomberg, to find out more.